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air cargo

air cargo

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Published by pooja gupta
Air cargo volumes show some improvement
Air cargo volumes show some improvement

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Categories:Types, Business/Law
Published by: pooja gupta on Feb 21, 2013
Copyright:Attribution Non-commercial

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02/21/2013

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 Air cargo volumes show some improvement
The International Air Transport Association (IATA) released traffic results for November 2012 which showed an improvement in air freight demand, with volumes edging up1.6% after declining 2.6% in October, year to year.“November brought some positive signs for air transport demand—particularly for air cargo,” said Tony Tyler, IATA’s Director General and CEO. “It is premature to consider this a turning point for air cargomarkets in terms of bouncing back and regaining lostground. But, when coupled with positive economic developments in the U.S. and animprovement in business confidence in recent months, the conditions are aligning tosee a return to growth in 2013.”Tyler added that in 2013 IATA expects that cargo volumes will grow 1.4% worldwide.This reflects a shift in seasonal shopping to online retailers, he said, which dependheavily on air cargo.

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